Ukraine: From Breadbasket To Basket Case

March 5, 2014 1:17 PM

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Ukraine: From Breadbasket To Basket Case

hide captionUkrainians line up to get money from a bank machine in the western city of Lviv on Feb. 20. The country's political crisis has also created economic turmoil. The international community is expected to pump billions of dollars into Ukraine's struggling economy.

Ukraine was known as the breadbasket of the Soviet Union for its fertile fields of wheat. Now it's just a basket case. The outgoing finance minister said the country needed $35 billion to stave off bankruptcy over the next couple years.

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